I wrote a post yesterday, lost it during the preview message phase. Not going to recreate it. Problem is funding sources and a desire to obtain committed capital. If a pig had wings it could fly, was my thought. I would love some committed capital, too, but such things must come at a cost. Today, Marketwatch came out with a similar message, so better to check it out here,
https://www.marketwatch.com/story/upstart-earnings-spark-que…
if you are interested.
UPST at an even $28 after hours. My $28.50/$36 spread on options still looks pretty good. DDOG and CRWD puts are right at the strike prices.
KC